May 15 (Bloomberg) -- Israel’s TA-25 index dropped the most
since Feb. 26, retreating 1.9 percent to 1,090.88 at the 4:30
p.m. close in Tel Aviv. Investors traded about 1 billion shekels
($261 million) of shares and convertible securities, according
to bourse data.

The following stocks rose or fell today. Symbols are in
parentheses.

Cellcom Israel Ltd. (CEL IT), Israel’s largest mobile-phone
provider, tumbled the most on record, declining 9.6 percent to
37.50 shekels. The company said first-quarter profit declined to
173 million shekels ($45 million) from 306 million shekels.

Cellcom’s rating was cut to underperform at Harel Finance
Ltd. and Excellence Nessuah Investment House Ltd.